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NXT vs. ENPH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NXT and ENPH is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

NXT vs. ENPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nextracker Inc (NXT) and Enphase Energy, Inc. (ENPH). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
16.62%
-65.91%
NXT
ENPH

Key characteristics

Sharpe Ratio

NXT:

-0.46

ENPH:

-0.70

Sortino Ratio

NXT:

-0.43

ENPH:

-0.85

Omega Ratio

NXT:

0.95

ENPH:

0.91

Calmar Ratio

NXT:

-0.58

ENPH:

-0.54

Martin Ratio

NXT:

-1.02

ENPH:

-1.73

Ulcer Index

NXT:

27.64%

ENPH:

25.54%

Daily Std Dev

NXT:

61.59%

ENPH:

63.55%

Max Drawdown

NXT:

-48.61%

ENPH:

-95.97%

Current Drawdown

NXT:

-41.66%

ENPH:

-78.74%

Fundamentals

Market Cap

NXT:

$5.24B

ENPH:

$9.92B

EPS

NXT:

$4.00

ENPH:

$0.46

PE Ratio

NXT:

8.89

ENPH:

159.57

PEG Ratio

NXT:

2.51

ENPH:

1.34

Total Revenue (TTM)

NXT:

$2.80B

ENPH:

$1.25B

Gross Profit (TTM)

NXT:

$1.01B

ENPH:

$570.59M

EBITDA (TTM)

NXT:

$726.32M

ENPH:

$142.71M

Returns By Period

In the year-to-date period, NXT achieves a -24.18% return, which is significantly higher than ENPH's -45.93% return.


NXT

YTD

-24.18%

1M

-5.50%

6M

-35.16%

1Y

-28.06%

5Y*

N/A

10Y*

N/A

ENPH

YTD

-45.93%

1M

12.73%

6M

-33.02%

1Y

-46.62%

5Y*

22.50%

10Y*

17.41%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

NXT vs. ENPH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nextracker Inc (NXT) and Enphase Energy, Inc. (ENPH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for NXT, currently valued at -0.46, compared to the broader market-4.00-2.000.002.00-0.46-0.74
The chart of Sortino ratio for NXT, currently valued at -0.43, compared to the broader market-4.00-2.000.002.004.00-0.43-0.95
The chart of Omega ratio for NXT, currently valued at 0.95, compared to the broader market0.501.001.502.000.950.89
The chart of Calmar ratio for NXT, currently valued at -0.58, compared to the broader market0.002.004.006.00-0.58-0.63
The chart of Martin ratio for NXT, currently valued at -1.02, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.02-1.81
NXT
ENPH

The current NXT Sharpe Ratio is -0.46, which is higher than the ENPH Sharpe Ratio of -0.70. The chart below compares the historical Sharpe Ratios of NXT and ENPH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.50JulyAugustSeptemberOctoberNovemberDecember
-0.46
-0.74
NXT
ENPH

Dividends

NXT vs. ENPH - Dividend Comparison

Neither NXT nor ENPH has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

NXT vs. ENPH - Drawdown Comparison

The maximum NXT drawdown since its inception was -48.61%, smaller than the maximum ENPH drawdown of -95.97%. Use the drawdown chart below to compare losses from any high point for NXT and ENPH. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-41.66%
-68.64%
NXT
ENPH

Volatility

NXT vs. ENPH - Volatility Comparison

The current volatility for Nextracker Inc (NXT) is 14.58%, while Enphase Energy, Inc. (ENPH) has a volatility of 18.87%. This indicates that NXT experiences smaller price fluctuations and is considered to be less risky than ENPH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
14.58%
18.87%
NXT
ENPH

Financials

NXT vs. ENPH - Financials Comparison

This section allows you to compare key financial metrics between Nextracker Inc and Enphase Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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